Slovakia Economy
Slovakia is a small country located in central Europe with a population of about 5.5 million people. It has a developed, high-income economy that is ranked as the 50th-largest in the world.The Slovakian economy is a mixed economy, meaning it combines elements of a market economy with a planned economy. The government plays a significant role in the economy through state-owned enterprises and other forms of regulation, but there is also a significant private sector.
The main sectors of the Slovakian economy include industry, agriculture, and services.
- Industry: Industry is a major contributor to the Slovakian economy, accounting for about 26% of the country's GDP. Major industries include manufacturing, construction, and mining. Slovakia is a major producer of metals, including aluminum and steel.
- Agriculture: Agriculture is a relatively small sector of the Slovenian economy, employing about 5% of the population. Major agricultural products include grains, vegetables, and fruit.
- Services: The service sector in Slovakia is growing and now accounts for about 74% of the country's GDP. This sector includes financial services, real estate, and tourism.